Oct 25, 2011, 3:34 PM EST
UPDATE: It’s official, as the Twins announced that they’ve declined Nathan’s option and hope to re-sign him at a lesser salary.
Nathan missed all of 2010 following Tommy John elbow surgery and struggled upon returning this year, but pitched very well down the stretch after a stint on the disabled list.
However, the decision between a $12.5 million option or $2 million buyout is a no-brainer for the Twins even if they’re interested in having Nathan back in 2012.
He threw 29 innings with a 3.38 ERA and 28/5 K/BB ratio from late June through the end of the season, but Nathan’s velocity was below his pre-surgery levels and he’s a 37-year-old entering a market saturated with veteran closers.
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